BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
There is reduction in trade scheme as there is material improvement in demand for decorative products (paints) - that's the insight from our conversation with dealers in Mumbai. They told us -
1. Except certain product related schemes and turnover target schemes, all other trade schemes are withdrawn now,
2. dealers are carrying higher inventory than pre-Covid-19 era as they believe disruptions (lockdowns, night curfew etc.) are here to stay for some more period,
3. there is strong recovery in projects business with improving real estate demand.
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